Shares of Apple Inc. (NASDAQ: AAPL) slumped on Monday after a news report said that the tech giant has slashed its component orders for its latest smartphone model, iPhone5 due to weaker-than-expected demand.
Continue reading Major Movers on January 14; AAPL, RIG, HWD, FB, HGG
Shares of Transocean Ltd. (NYSE: RIG) gained on Monday after the world’s largest offshore rig contractor revealed that billionaire investor, Carl Icahn has acquired a 1.56 percent stake in the company and is considering to expand his holding in the company.
Continue reading Transocean Gains as Noted Investor Carl Icahn Buys Stake (RIG)
Shares of Family Dollar Stores Inc. (NYSE: FDO), a Matthews, North Carolina-based company operating a chain of over 7,400 general merchandise retail discount stores in 45 states, are sinking in trading today. At last check, FDO shares were trading 11.96% lower at $56.38 on above average volume of 11.88 million. The stock hit an intra-day low of $53.03 earlier today.
Continue reading Major Movers on January 3; FDO, RIG, MLNX, HRL, MASI, LXK